Baku to receive more than 2 million tons of oil from Kazakhstan
Azerbaijan and Kazakhstan agreed to increase oil supplies. It will be gradual. The parties also agreed to transport oil via the BTC.
Baku-Tbilisi-Ceyhan
Georgia urges to resume oil flows via Baku-Supsa pipeline
Georgia hopes that oil transportation through the Baku-Supsa pipeline will resume in 2024, Georgian Economy Minister Levan Davitashvili said. The pumping of oil through the Baku-Supsa pipeline was stopped in March 2022. …
SOCAR acquires assets in Karabakh field
Azerbaijan's state oil company SOCAR has acquired Equinor’s shares in Azeri-Chirag-Gunashli (ACG), Karabakh fields and Baku-Tbilisi-Ceyhan (BTC) project, the SOCAR press service reported. A meeting was held on December 22 …
Kazakhstan intends to use Baku-Tbilisi-Ceyhan for its full capacity
Astana counts on filling the Baku-Tbilisi-Ceyhan pipeline
SOCAR starts transit of Aktau oil via Baku-Tbilisi-Ceyhan pipeline
State Oil Company of the Azerbaijan Republic (SOCAR) has announced the start of the transit of Kazakh oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline. The first shipment of Kazakh oil from the Tengiz field arrived at the Sangachal …
Kazakhstan unable to launch Tengiz oil export via Turkey
Tengizchevroil was unable to start oil exports via the Baku-Tbilisi-Ceyhan pipeline due to the devastating earthquake in Turkey, Managing Director of Tengizchevroil Kevin Lyon said. The Tengiz field accounts for …
Baku-Tbilisi-Ceyhan pipeline delivers over 4bln barrels of oil since 2006
The Baku-Tbilisi-Ceyhan (BTC) oil pipeline, which passes through eastern and southern Türkiye, has provided world markets with over 4 billion barrels of crude as of the end of last year since it was opened in 2006. Over 5,250 …
Kazakhstan to start oil sales via Baku-Tbilisi-Ceyhan pipeline
Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternative routes, Reuters reported citing sources familiar with the matter. Kazakh oil exports …
South Caucasus may become Eurasia's main transit corridor
The Ukrainian crisis has delivered a second major shock to the global economy after the coronavirus pandemic
Rising Strategic Role of Azerbaijan and Turkiye in Euro-Asian economic relations
According to Anadolu Agency, role of Azerbaijan as gas provider and Turkiye as a credible …
Baku-Tbilisi-Ceyhan celebrates 500 million tonnes of oil export
The Baku-Tbilisi-Ceyhan (BTC) oil export pipeline has achieved a significant milestone by carrying 500 million tonnes of oil in total from the Sangachal terminal near Baku across Azerbaijan, Georgia and Turkey to Ceyhan, according to …
Regional media on Iranian-Azerbaijani exacerbation
For almost two weeks now, the Iranian-Azerbaijani crisis has been the main topic of regional media
How Azerbaijan changed the energy map of the Caspian Sea
Since the collapse of the Soviet Union, crude oil and natural gas have been playing a key role in the geopolitics of the Caspian region. Hydrocarbon revenues became an important source of economic growth for the Caspian Basin countries such …
Nakhichevan corridor needs delicate geopolitical balancing
In Moscow last week, President Vladimir Putin hosted the prime minister of Armenia and the president of Azerbaijan. It was the first meeting of the three leaders since the end of the six-week-long war over the Nagorno-Karabakh region last …
Oil flow through Ceyhan reaches billions of barrels
A total of 3.5 billion barrels of crude oil had been shipped to the global markets as of the end of 2020 from the marine terminal in the Ceyhan district of Adana province in southern Turkey, the last stop of the Baku-Tbilisi-Ceyhan (BTC) …
Taleh Ziyadov: "The opening of all communications between Armenia and Azerbaijan will boost the economic significance of the region as a whole"
The Nagorno-Karabakh conflict ended with a Russian-brokered ceasefire that grants Turkey joint monitoring rights. This framework formalises cooperation between the two regional powers, a development that has significant political implications for Georgia, the US, and the EU, former Georgian Ambassador to US Tedo Japaridze writes in the article Can Armenia and Azerbaijan win peace together? for Brussels Morning
How political landscape changed after the second Karabakh war
The confluence of many factors changed the hitherto prevailing balance of power and produced a victory for Azerbaijan, overturning the 26-year old status-quo in the region. Over the years, Azerbaijan has invested in the armed forces massively. In the meantime, both Azerbaijan and Turkey have cultivated closer ties with Russia. The color revolution, which swept pro-European Union Nikol Pashinyan into power as prime minister in Armenia in 2018 helped distance Moscow from Yerevan. Unlike in the past, the United States was disengaged from the region, mainly because of its partial withdrawal from the international stage
Why the Armenian-Azerbaijani conflict matters to the EU
The EU has invested a lot in the region over the past years and the Nagorno-Karabakh conflict could easily make the investment worthless
Nagorno-Karabakh conflict endangers energy markets
Military clashes have not yet affected energy supplies from the region, but they could disrupt oil and gas exports
Prospects for Trans-Caspian pipeline
The impending completion of the Southern Gas Corridor has led to renewed interest in TCP
